Unlike regular postage stamps they were privately produced and had no franking power, produced as early as the latter half of the 19th Century they were most frequently produced in the inter-war period when stamp collecting was at its most popular...
The Penny Red was printed from many printings' plates, many of which deteriorated during their print run, had to be repaired some several times in the process and gave rise to constant varieties and printing flaws. Such examples are always popular & collatable by Philatelists & collectors alike...
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